![](https://investorshub.advfn.com/uicon/200692.png?cb=1486982540)
Sunday, February 17, 2019 10:49:42 AM
When tout sheets get moving like this, generally a P&D is coming. That would be preferable to a buyout at the moment; would give some the chance to sell for profits, and buy back in on the inevitable drop when the touters have made their share of dollars. BIEL has been a great cash cow for flippers for years - has everything required: (1) massive dilution; (2) periods of unrestrained hype and unfulfilled hope; (3) heavy volume days; and (4) inevitable price spikes followed by drops back to trips.
Even if there were competitive bidders for BIEL (highly doubful), would Andy be smart enough to take advantage? He doesn't care about shareholders (I believe he refers to them as 'whiners'), and he will make money no matter what deal is structured, but he has also reputedly turned down decent offers, so he clearly isn't the sharpest tool in the shed.......
North Bay Resources Announces Mt. Vernon Gold Mine Bulk Sample, Sierra County, California • NBRI • Sep 11, 2024 9:15 AM
One World Products Issues Shareholder Update Letter • OWPC • Sep 11, 2024 7:27 AM
Kona Gold Beverage Inc. Reports $1.225 Million in Revenue and $133,000 Net Profit for the Quarter • KGKG • Sep 10, 2024 1:30 PM
Element79 Gold Corp Announces 2024 Clover Work Plans & Nevada Portfolio Updates • ELMGF • Sep 10, 2024 11:00 AM
Nightfood Holdings Inc. Completes Major Step on Uplist Journey by Closing Strategic All-Stock Acquisition of CarryoutSupplies.com • NGTF • Sep 10, 2024 8:15 AM
Element79 Gold Corp. Announces Sale of 100% Interest in Elder Creek, North Mill Creek, and Elephant Projects to 1472886 B.C. Ltd. • ELEM • Sep 9, 2024 9:34 AM